Wall Street Awaits Key Inflation Report

Wall Street's main indexes showed mixed results as the Dow dropped while the S&P 500 and Nasdaq rose slightly. Investors are eyeing a critical inflation report that could impact the Federal Reserve's decision on interest rates.


Devdiscourse News Desk | Updated: 10-12-2024 20:07 IST | Created: 10-12-2024 20:07 IST
Wall Street Awaits Key Inflation Report
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Wall Street opened with mixed results on Tuesday, reflecting investor tension as a pivotal inflation report looms on the horizon.

The Dow Jones Industrial Average fell by 110.4 points to start at 44,291.57, marking a 0.25% decrease. Meanwhile, the S&P 500 saw a slight uptick of 4.7 points, reaching 6,057.59 at the opening bell.

In a similar upward trend, the Nasdaq Composite rose by 59.7 points, translating to a 0.30% increase, reaching 19,796.39. Market focus remains fixed on upcoming data that may shape the Federal Reserve's future interest rate decisions.

(With inputs from agencies.)

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